Victoria ISD board adopts 2025–26 budgets and approves property tax rate of 0.8035 per $100

At a special meeting Thursday, Aug. 28, 2025, the Victoria Independent School District Board of Trustees unanimously approved the district’s 2025–26 budgets for maintenance and operations (M&O), interest and sinking (I&S), and child nutrition, and adopted a property tax rate of 0.8035 per $100 of assessed taxable value (0.6969 M&O; 0.1066 I&S). The motions passed without dissent, with roll calls and voice votes recorded during the session.

The M&O fund was presented with revenues and balanced expenditures of $139,045,858, the board was told. The district's maximum state-compressed M&O rate is 0.6169; the district continues to collect an additional 0.08 per $100 previously approved by the board and voters, producing the stated 0.6969 M&O rate. I&S revenue was projected at about $9.9 million with expenditures “a little over $10 million,” and the district plans to use roughly $160,000 of I&S fund balance to maintain the 0.1066 rate for debt service. Child nutrition (federal funding under the community eligibility provision) was budgeted at $9,904,196 in both revenue and expenditures.

“The expenditures are also a balanced budget at $139,045,858,” Michelle Yates, chief financial officer, told the board during the presentation. Yates reviewed…